Elon Musk announced during Tesla's earnings call that he will significantly reduce his involvement with the Trump administration, focusing more on his company starting next month. The completion of critical tasks for the Department of Government Efficiency is prompting this shift. While Musk's formal role is set to end as regulations limit his tenure, he may continue to lend his expertise on a limited basis. Trump's support indicates a desire for ongoing collaboration, although Musk prioritizes his business responsibilities amidst challenges including a drop in Tesla's net income.
Musk stated that he will allocate more time to Tesla, aiming to significantly cut back on government duties as the establishment phase of DOGE is complete.
Elon Musk plans to remain involved with Trump's administration, committing a day or two a week to government matters, as long as it is useful.
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